MUMBAI : Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (Sebi) on Tuesday said the market regulator aims to use a two-track approach on Environmental Social and Governance (ESG). “When it comes to ESG, Sebi’s approach will be two-track" Buch said.
While emphasizing on the need for such an approach, Buch said the first track will include the large entities in our ecosystem who are desirous of getting foreign capital must align with global standards.
“Now if you want foreign capital whether it is equity, debt or hybrid, the world will ask us to comply with the global standards. We need to be able to compare different countries across the globe in order to determine their allocation."
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